Ratings agency RSMR is today (29 February) introducing its Passive Plus managed portfolio service (MPS) range aimed at advisers who prefer the simplicity and charging structure of passive funds.
The five portfolios - Cautious, Prudent, Balance, Growth, and Dynamic - are comprised mainly of RSMR-rated passive funds with targeted exposure to actives for diversification. "The passive plus strategy has worked really well for advisers and their clients in a variety of markets," head of MPS Stewart Smith said. "The exposure to RSMR-rated active funds, sitting alongside the larger exposure to passive funds, is targeted where it can add value." The funds within the portfolios come from a range of groups including Fidelity, HSBC, iShares, Legal & General and Vanguard. Smith said di...
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